The European Central Bank(ECB)On4At the monthly meeting, we will stick to our pace to combat inflation and maintain interest rates at historic highs. The main refinancing interest rate remains stable at4.5%Maintain the overnight lending rate at4%, all reach22Annual peak. Despite seeing a cooling of inflation and a slowdown in core price and wage growth, the bank still stated the need for caution, citing pressure and instability in service prices.
Regarding the expectation of interest rate cuts, the European Central Bank stated that if inflation stabilizes 2% If we move towards our goal, we are willing to consider relaxing our monetary policy stance. The President of the European Central Bank, Lagarde, emphasized that future interest rate decisions are based on data and pointed out that the central bank has not committed to following predetermined policies, but has chosen to respond dynamically to constantly changing economic conditions.
After the European Central Bank's interest rate decision, the euro depreciated,1Euro exchange rate1.07USD, setting a record of approximately2The lowest level in the past month. European stock markets experienced selling pressure on Thursday,STOXX 50Index decline0.7%Touching4Zhougudi 4,966 Points, while covering more constituent stocks STOXX 600Index decline0.4%, received at504 Points.
The banking sector has the greatest impact, with large banks including UniCredit Bank (UniCredit)Spanish Foreign Bank(BBVA)And Santander Bank(Santander)Ingestion approaching3%Decline.
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